17 Feb 2011 12:43

Oil cos fined over 15 bln rubles over fuel prices - FAS

MOSCOW. Feb 17 (Interfax) - Oil companies have racked up ore than 15 billion rubles in fines for overpricing fuel in the first and second waves of investigations by the Federal Antimonopoly Service, (FAS), FAS chief Igor Artemiyev said at a meeting of the government's presidium.

"Both the first and second waves of investigations have been wrapped up successfully and the total fines will be more than 15 billion rubles, which are already being paid into the budget," he said.